
Concord Biotech Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹705 - ₹741
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Concord Biotech Limited IPO
Concord Biotech Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 04 Aug 2023 and concluded on 08 Aug 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹705 - ₹741.
During the bidding window, Concord Biotech Limited witnessed heavy demand with an overall subscription of 24.87 times. Institutional investors (QIB) subscribed 67.67x, non-institutional high-net-worth investors (NII) subscribed 16.99x, and retail individual investors (RII) bid 3.78x their reserved quota, alongside employee participation of 24.48x.
The equity shares of Concord Biotech Limited officially debuted on the stock exchanges on 18 Aug 2023 at an opening listing price of ₹900.05, delivering a listing day return of +21.46% (premium) over the final issue price. As per the latest market data, the stock trades at ₹1,229.30, representing an overall gain of +65.90% since its IPO allotment.